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BUSINESS DAILY - French PM promises lower taxes as spending cuts bite

2014-05-12 7 Dailymotion

<p>The French Prime Minister, Manuel Valls, has pledged to cut income tax by 2015, despite France’s budget deficit remaining above the 3% EU limit. His comments come as ministers in the French government were told over the weekend how much their departmental budgets will be reduced under the €50 billion spending cuts plan. Also today: the Spanish solar energy investors who have been burned by Madrid’s austerity policies.</p><br /><br />Visit our website:<br />http://www.france24.com<br /><br />Like us on Facebook:<br />https://www.facebook.com/FRANCE24.English<br /><br />Follow us on Twitter:<br />https://twitter.com/France24_en

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